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Associate Manager, Finance

Majid Al Futtaim, Real Estate/Property Management, United Arab Emirates

**Job Description:**

**Business Introduction:**
Welcome to Majid Al Futtaim Properties – Asset Management Business Unit. We are a renowned developer and operator of community and regional malls, each strategically designed to meet the unique needs of its market. Our portfolio is known for innovation in the retail, design, and construction industries, offering not just shopping but also unique leisure experiences like Ski Dubai, Magic Planet, and VOX Cinemas. Our goal is to provide great moments for everyone while setting industry standards and driving retail growth in the region.

**Role Summary:**
As the Associate Finance Manager at Majid Al Futtaim Properties – Asset Management Business Unit, you will support the Financial Controller in maintaining a strong internal control environment. Your responsibilities will include preparing balance sheets, analyzing working capital and cash flow reports, reviewing receivables & collections, preparing board reporting packs for Corporate, and reviewing BU IFRS statutory financial statements. Additionally, you will be involved in various Finance Transformation & Business process optimization projects.

**Role Profile:**
Your key responsibilities will involve monitoring working capital fortnightly & monthly by preparing balance sheet reports with actual performance against budget/forecast. You'll analyze billing and collection data, high-risk tenant groups, AR targets for collection teams, automation of Power BI reports, preparation of annual budgets & forecasts for balance sheets/cash flows submission to Corporate. Furthermore, you will support Control Function activities including internal/external audits and corporate governance compliance.

**Requirements:**
We are looking for a qualified accountant with a CA/ACCA/CPA degree and 5-7 years of post-qualification experience.

**What We Offer:**
Join us at Majid Al Futtaim where we aim to create great moments that spread happiness and build lasting memories. Work in a positive environment with over 50,000 diverse colleagues guided by our Leadership Model as we shape the future together.

If you are an experienced finance professional looking to contribute to innovative projects within a dynamic industry leader like Majid Al Futtaim Properties – Asset Management Business Unit, we invite you to apply for the role of Associate Finance Manager. This position is ideal for mid-career professionals seeking growth opportunities in finance management roles within the real estate sector.

Key Job Requirements:
  • 5-7 years post qualification experience
  • Qualified accountant
  • CA
  • ACCA
Key Job Responsibilities:
  • Prepare balance sheet (budget/ forecast)
  • Analyse working capital and cash flow reporting pack
  • Review and report on receivables & collections
  • Preparation of Board reporting pack to Corporate
Skills:
  • Financial analysis
  • Reporting
  • Internal control management
  • Cash flow management
  • Budgeting

Seniority Level: Senior Level

  • Executive Level

Job Functions: Finance

  • Accounting
  • Financial Analysis

Industries : Real Estate/Property Management

  • Retail
  • Hospitality

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